Turkey's economy contracted nearly 12 percent in the second quarter due to the coronavirus lockdown, a Reuters poll showed on Friday.
The figure indicates the...
Turkey's
unemployment rate edged down to 13.8 percent in the August-October period, from
14.0 percent a month earlier, according to official data on Monday that
suggested jobs...
Turkish inflation eased
to a lower-than-expected 18.71 percent in May, official data showed on Monday,
causing the lira to decline as investors worried that the central...
The Turkish economy
contracted 2.6 percent year-on-year in the first quarter, in line with
expectations, as the official data reinforced the country’s slide into
recession after last...
Turkey’s long road to economic reform may have grown
bumpier this week when authorities ordered a re-run of an İstanbul city
election, further testing the patience...
Turkey’s consumer confidence index rose by 3.4 percent
in April, reaching 84.7 points, the Turkish Statistical Institute (TurkStat)
said on Monday, signaling a recovery from a...
An analysis released by French bank BNP Paribas has claimed that Turkey is heading for a recession that will last several quarters.
The analysis was...
The World Bank does not expect a recession in Turkey, said Franziska Ohnsorge, manager of the bank’s Development Economic Prospects Group, the state-run Anadolu...
Commerce Minister Ruhsar Pekcan has announced that applications from 846 Turkish companies for konkordato, a legal process for restructuring debt, have been accepted so...
